The Bayt.com ’Fresh Graduates in the Middle East and North Africa’ survey, recently conducted by Bayt.com, the region’s number one job site, and leading market research agency, YouGov, has revealed that despite the majority of respondents in MENA stating that finding a job is a challenge faced by their generation of fresh graduates,80% are considering entrepreneurship as a viable career option.
The majority of fresh graduates in MENA completed their education in their country of residence, with engineering being the most popular subject to study as part of the respondents’ highest degree, followed by business, commerce and marketing.71% were satisfied with the quality of higher education they received, considering the preparation it gave them for the workplace to be mostly ‘good’ (32%). Teaching methods, quality of infrastructure, technology usage for effective teaching, value for money paid, curriculum and qualification of teachers are also considered to be ‘good’ by MENA graduates.
The majority (53%) do not feel that they would have fared better in the job market if they had chosen a different major or different school, with61% stating that they considered the job availability in the field they chose to major in prior to enrolment. The majority of working respondents (54%) are currently employed in their field of study.
According to MENA graduates, the most appealing industries from a career point of view are banking and finance (23%), business consultancy, business management and management consulting (19%) and engineering/design (19%).29% state that their education prepared them to some extent to target the industry of their choice.
For40% of MENA respondents, the most important attribute when selecting a job is experience in the field they want to work in, followed by a high salary (12%) and a well-known company (10%). When seeking their first job,79% of fresh graduates used or plan to use leading online job sites. Direct applications to target companies and finding a job through their network of family and friends are also highly used.
Most graduates (67%) feel that the biggest challenge they face in finding a job is that employers are looking for candidates with previous experience, though knowing where to find relevant jobs is also considered to be a challenge by38%. It took less than3 months for21% of working respondents to find their first job.22% stayed or anticipate staying in their first job for1-2 years.
Salary expectations for fresh graduates vary;10% in the GCC expect to receive between US$1501-2000 for their first job;17% in the Levant anticipate earning US$1,001-1,500, while in North Africa the majority (49%) expect a starter salary of US$500 or less.
According to75% of respondents, their college or university did not help them to identify job opportunities. For those whose colleges assisted them, job announcements and career fairs were considered most helpful.
59% of respondents acquired work experience either before or during their time at university, with39% having spent1-6 months in a work placement.
68% of MENA graduates are planning to pursue higher education, with the US (31%), Canada (21%) and the UK (24%) being the most popular destinations to do so outside of their country of residence. Graduates are also keen to travel abroad for employment purposes, with65% stating they will consider relocating for a job. The UAE is the most popular destination to relocate to.
When asked what challenges their generation face the most,79% stated that finding a job is a challenge. This is followed by being able to financially afford a basic lifestyle (33%) and saving money (45%).73% claim there is a low availability of jobs for fresh graduates in their country of residence. However,31% claim to be somewhat optimistic that their generation has better career and educational opportunities in comparison to their parents’ generation.
48% of MENA graduates consider computer skills to be among the most important skills required to excel in the workplace, followed by academic and technical skills (41%) and linguistics (37%).
The majority of MENA fresh graduates (80%) may consider, or are actively considering, setting up their own business in the future.
Suhail Masri, VP of Sales,, Bayt.com said: “It’s interesting that most graduates feel that the biggest challenge is that employers are looking for candidates with previous experience, when in fact, our research constantly proves that many employers in the MENA are heavily hiring fresh graduates. To feel more comfortable, we advise fresh graduates to work on their transferable skills as well as to take as many relevant courses as possibly, mainly on leadership. Adding transferable skills and coursework to their CVs will certainly make an impact with hiring managers. At Bayt.com, our mission is to empower people to lead better lives, and we have thousands of job opportunities online on Bayt.com for fresh graduates in particular.”
“The perceived lack of employment opportunities may actually prove a positive turn of events for fresh graduates, who are mostly considering entrepreneurship, or setting up their own business, as a viable option for their future.” said Joao Neves, Head of Research of YouGov MENA. “This will prove beneficial for the overall economy, creating more jobs, which in turn that will help future generations of fresh graduates to find employment.”
Data for the Bayt.com ‘Fresh Graduates in the Middle East and North Africa’ survey was collected online from May26-June262014, with1,586 respondents from UAE, KSA, Kuwait, Qatar, Oman, Bahrain, Lebanon, Syria, Jordan, Algeria, Egypt, Morocco and Tunisia.